Blight Elimination Program

The State of Indiana, through Indiana Housing and Community Development Authority (IHCDA), is using a portion of Indiana’s Hardest Hit Funds to demolish blighted and abandoned homes that are beyond repair. The goal is not simply to demolish abandoned homes, but to stabilize property values in Indiana communities. The partnership between IHCDA and Indiana municipalities allows communities to demolish blighted properties and offer a variety of end uses for the newly cleared properties, including green space and redevelopment.

The IHCDA Asset Preservation Department has obtained authority to undertake a statewide Blight Elimination Program using a portion of Indiana’s Hardest Hit Fund allocation. Please see the Notices and Resources below for details and guidance concerning the implementation of the Blight Elimination Program.

More information on Indiana’s Hardest Hit Fund

The U.S. Department of the Treasury established the Housing Finance Agency Innovation Fund for the Hardest-Hit Markets (Hardest Hit Fund) to provide financial assistance to families in the states most impacted by the downturn of the housing market. The U.S. Department of the Treasury designed the overall program to give each participating state the flexibility to tailor its program to the unique factors contributing to its state’s foreclosure problems. The Hardest Hit Fund is a national program available in 18 states and the District of Columbia. Indiana was awarded more than $283 million under the Hardest Hit Fund and is targeting low- to moderate-income homeowners whose primary residence is in any county in Indiana. For more information on Indiana’s Hardest Hit Fund, visit www.877GetHope.org.